Four Seasons to Expand in Turkey
Monday December 10th, 2012 - 12:33AM H
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CESME, TURKEY–Four Seasons Hotels & Resorts plans to open a 146-room resort here on the coast of Izmir Province in 2016.
The Four Seasons Resort Cesme will be owned by Dilek Gayrimenkul Yatirim ve Turizm A.S. and operated by Toronto-based Four Seasons under a long-term management agreement. Four Seasons already operates two hotels in Turkey, both in Istanbul, including the Four Seasons Istanbul at the Bosphorus (pictured), a converted 19th century Ottoman palace.
Tags: • Hospitality • Ownership •
The theme of this year’s ALIS conference was “Don’t Worry, Be Happy.” But, lets face it, there are always going to be some people who aren’t happy unless they are worried about something—whether it’s the Fed potentially raising interest rates or that the price of oil is now too low, threatening to cripple the economies of some foreign nations.